08/21/2017

Why Leading on Budgets Goes Beyond Numbers

While numbers are important, strategy cannot be ignored when aiming for success

Leaders need to keep an eye on the bottom line. But bad budget practices show that doing it right means keeping an eye on strategy too.

“Steady as she goes” is usually pretty good leadership advice. But that doesn’t mean deciding you’re not going to look out for icebergs.

When I was working on my story about budgeting blind spots in associations, I was struck by how often experts lamented what you might call copy-paste budgeting. How much should you allocate for meetings next year? Too often, the answer to that question is taking whatever last year’s numbers were and plugging them into the new budget.

Please click here to read the complete article on Associations Now.